Ecuador star Jefferson Montero has confirmed that he has agreed to join Villarreal after a proposed move to Real Madrid fell through.
The 19-year-old is one of the most sought after players in South America and Real looked odds on to land the player.
However the capital giants failed to agree terms with his club Independiente de Valle and now Villarreal have stepped in to strike a deal.
The attacking midfielder has agreed a five-year deal with the Yellow Submarines and will move to Europe in the summer.
"Now that Villarreal has made an official announcement I can also talk about my transfer," said Montero on Gamavision.
"I have finally been transferred to Villarreal because the negotiations with Real Madrid failed.
"For what I have been told I will be signing a five-year contract and I will be joining my new team in July.
He added: "This is a very important step in my career. I had never imagined that at my age I was going to have the chance to be transferred to European football.
"I will have to take it calmly because I am going to an important team that plays every year important championships.
"I hope to get adapted as soon as possible, and personally I think that if I am able to repeat what I do in my country I will have success.
"I also know that I will have to work very hard because Villarreal has very good players, of a great quality."